US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price is nearing 5830 resistance level. As long as price holds below 5830 resistance level, we expect price to push to resistance-turned-support level at 5720. Technical indicators have yet to indicate a bullish scenario. Alternatively: A 4 hour candlestick closing below 5720 support level could open a dro...
$HSI Futures(SEP4) (HSImain.HK)$too much greed in the market And market overextended this week! Today will pullback. Usually people take profits on Friday.
HSI Futures(SEP4) Forum
Authorities are also mulling fresh measures to shore up the sluggish stock market.-Bloomberg
$SSE Composite Index (800146.HK)$ $Hang Seng Index (800000.HK)$ $USD/CNH (USDCNH.FX)$ $CNH/CNY (CNHCNY.FX)$ $USD/CNY (USDCNY.FX)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $iShares China Large-Cap ETF (FXI.US)$
$BABA-W (09988.HK)$ rose 3.6%, $MEITUAN-W (03690.HK)$ +2.9%, and $JD-SW (09618.HK)$ +1.6%. NEV makers are also rising, $XPENG-W (09868.HK)$ +10.5%, $LI AUTO-W (02015.HK)$ +5.7%, and $NIO-SW (09866.HK)$ +3.5%.
Mainland's benchmark $SSE Composite Index (800146.HK)$ erased intraday loss.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price is nearing 5830 resistance level. As long as price holds below 5830 resistance level, we expect price to push to resistance-turned-support level at 5720. Technical indicators have yet to indicate a bullish scenario.
Alternatively: A 4 hour candlestick closing below 5720 support level could open a dro...
$BANK OF CHINA (03988.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
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